UBA Unveils Bold Vision: Expansion to 100 Countries and 1 Billion Customers! ✈️

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Olori Uwem

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Mar 18, 2024
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UBA Unveils Bold Vision: Expansion to 100 Countries and 1 Billion Customers! ✈️

In a major announcement during its 75th anniversary gala dinner in Abuja, United Bank for Africa (UBA) Plc set its sights on a future of massive global expansion and impact!
The celebration, held on Saturday, April 27, 2025, was graced by dignitaries including Vice President Kashim Shettima, top government officials, diplomats, business leaders, and key stakeholders across Africa.

A Vision for the Next 75 Years ✨

Group Managing Director/CEO Dr. Oliver Alawuba laid out UBA’s ambitious roadmap:
• Presence in every African country
• Expansion to over 100 countries worldwide
• A customer base of over 1 billion people!

“At UBA, we are building more than a bank; we are building a future for the next generation of Africans — one defined by opportunity, inclusion, and transformation,” Alawuba said passionately.

He recalled UBA’s humble beginnings in 1949 as the British and French Bank on Kakawa Street, Lagos Island. Fast forward to today, UBA operates in 20 African countries and 4 international financial hubs — New York, London, Paris, and Dubai — proudly serving over 45 million customers.

Record-breaking Financial Growth!

UBA’s 2024 financial results highlighted strong momentum:
• Gross Earnings grew by 53.6% to ₦3.19 trillion
• Total Assets soared by 46.8% to ₦30.32 trillion
• Shareholders’ Funds surged by 68.39% to ₦3.42 trillion

Clearly, UBA isn’t just dreaming — they’re building on a rock-solid foundation!

Chairman Tony Elumelu Speaks From the Heart ❤️

Group Chairman Mr. Tony Elumelu expressed heartfelt gratitude:
“This is a night of celebration, gratitude to God, customers, and shareholders who made it possible.”

Elumelu emphasized that the achievements today stand on the hard work of previous generations. He tied UBA’s bright future to Nigeria’s ongoing economic reforms, adding that with continued transformation under President Bola Ahmed Tinubu, UBA will keep “roaring” louder.

Excitingly, Elumelu believes UBA’s continental expansion across Africa could happen much quicker than 75 years — possibly within just 7.5 years!
Talk about fast-tracking success! ⚡

Special Praise from the Vice President! ⭐

Vice President Kashim Shettima, Special Guest of Honour, applauded UBA’s resilience and visionary leadership:

“Seventy-five years is not something you pick up at a supermarket. It is earned — through risks, storms, and the courage to believe in a new world.”

He described Tony Elumelu as a true dream-maker, someone who turns bold ideas into powerful realities and bridges generations with leadership anchored in community and family values.

UBA’s Future is Brighter Than Ever!

As UBA charts its path to becoming a global financial giant, one thing is clear — their journey is just beginning.
With a strong foundation, visionary leadership, and an unshakable commitment to Africa’s growth, UBA is set to create opportunities and transform lives across the world!
The world better get ready — UBA is just getting started!